Will crypto currency replace all national currency?

[Fadimah 191]

I don't think that possible cryptocurrency cannot replace national currency. They can coexist just like the way they are coexisting right now. But I think cryptocurrency will go very high in the future.

[Beeba 240]

This is the reality that crypto come big change in the real market. We know that daily basis more new crypto coins introduce in the crypto world. But your question answer is that it cannot take national currency place.

[Hanan951 841]

Hmmm, now they cant it need all countrues to do that then ok not just ine or two country how could they buy and sell from other?..

[jacker 1095]

I think this is not going to happen, because it's really not that simple, there are a lot of issues here. Each country has its own currency, electronic money has been impossible or very difficult to replace a currency of a country, so it will never replace cryptocurrencies of all countries. It is only a means of copayment

[Jonn 22]

It is not viable that cryptocurrency take the place of every part of general currency as every inhabitants has inimitable currency with exceptional help with single efficient challenges and till immediately stable cash didn't restore them. But I sense recently like dollar, crypto may be the complete currency for trade and investment around the globe.

 

[rajonmia 181]

If government do not want then it will not be possible.  Government can be replace. Also digital world also going to be digital system. That's why government definitely do that.

[Muskan7816 175]

As morally intentional as I am a dollar, crypto can be a combined currency for trade and investment around the world. It is relentless that cryptocurrency swaps every and every citizen currency as each country has unparalleled currencies with extraordinary lucrative challenges

[teminalibug 309]

17 minutes ago, rajonmia said:

If government do not want then it will not be possible.  Government can be replace. Also digital world also going to be digital system. That's why government definitely do that.

Well governments does nit want crypto at all but crypto is pout there and is been possible, why cant that be possible wether they want or not?

[Abiaan 1209]

no it will never ever happen but crypto will help you the country for the less use of cash and fast transfer of money from one side to another side of country and world , cryptocurrency disrupt the calculation of economy of country so it is far impossible 

[Naylor89 1223]

Although some government or countries in the world do not approve the Crypto but I think in the near future, it will be accepted and replace the role of fiat in the economy or banking system.

[Ridam 7455]

The fiat currency are completely different from the cryptocurrency, yes the use of Cryptocurrency will increase in future msrket but the national currency will be still there

[andrehol 16294]

Cryptocurrency can replace national fiat money. But it will not be BTC, ETH or Ripple. National cryptocurrencies will come to replace fiat money. They are already being tested by China, Switzerland, Russia.

[Xaurum05 1]

As you most likely are aware the future money will be digital money. Principle explanation behind that is it's interesting in each nation. No varieties it has in various countries.I feel that is the primary purpose behind digital currency will be the eventual fate of monetary forms.

[Sam sun 1]

Maybe that can be, or maybe not impossible

[Sam sun 1]

I think yes or no

[Zaino34 0]

This may happen in the future, so it may take a lot of time. This faces several difficulties, especially since governments do not allow them to abandon their base currencies, as this will affect the economy as well

[Jesoy 1342]

Impossible since national currency is legal and it's accepted worldwide but with cryptocurrencies, it's still not known to most of the countries. But maybe in years tho, it will be accepted.

[Lunaa 238]

Is this some wishful thinking or something? I mean, even replacing only one country national currency or their fiat currency is already impossible to obtain. Because at the end of the day, fiat is needed by all of people. We don't know what might happen in the future, so only time will tell us in the future about this matter.

[azhar9 1]

I think that no the maximum that goverments will do is declare the cryptocurrency as a reserve currency but not the main one.

[azhar9 1]

Maybe crypto currency not replace national currency because most of peoples not know about crypto and not educated. Some countries already banned crypto..

[BTC Future 3946]

On 1/13/2020 at 11:07 PM, kingsbtc said:

It is like crypto currency is taking over, if you check well you will find out there are so many crypto currencies in coinmarketcap.

My question is Will crypto currency replace all national currency?

Crypto probably won't replace national currencies. It might be used as parallel method of transactions, but still most countries need their fiat currency in order to proceed with their plans and control the financial system.

[Tasrif Hossain 271]

In my view, this is entirely possible because the effects are now being seen in different countries in Africa, instead of their own domestic currency, they have introduced different payment method alredi through cryptocurrencyThey are doing so, and considering all these aspects, it is clear that in the future, cryptocurrency will be used instead of currency

[Nohaaa 58]

On 1/13/2020 at 11:07 PM, kingsbtc said:

It is like crypto currency is taking over, if you check well you will find out there are so many crypto currencies in coinmarketcap.

My question is Will crypto currency replace all national currency?

I see that the world attracts a lot of people to deal with cryptocurrency maybe in one day it will be happen of course it is the future but the project must be studied before it replaced in the real life 

[Emma 611]

Total crypto market capitalization is more than a third world single nations total physical money! it is increasing day by day.  i

so, it is not impossible my dear.

[Mom0 222]

I think cryptocurrency Will be a new Fiat currency but it can't replace our national currency at all.